Tata Consumer Products Limited (TATACONSUM)

Hi

1. RE = Rights Entitlement. For every RE that you own, you are eligible to buy one share of Tata Consumer – and you will receive allotment
2. Please note that to buy the share you now need to pay the Rs 818. So if you have bought 1 RE for say Rs 370, your total acqusition price is Rs 818+370 = Rs 1188. As you can see that at RE price of Rs 370, there is very little difference between rights through purchased RE and market price
3. You can sell you RE – but the last day for trading is 12-08. If you do not sell your RE by then, you either have to put up the additional Rs 818 per share by 19-08 to acquire the share or you will lose the money you have spent on buying the RE.

Here is a link with the dates

Good luck